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Senior Vice President (SVP), Operations Salary

Wages for Senior Vice Presidents of Operations in the United States are generous, with average pay above six figures ($149K) per year. The final incomes of Senior Vice Presidents of Operations generally vary between $91K and $280K; higher pay grades include potential for bonuses, profit sharing, and commissions as high as $76K, $44K, and $100K, respectively. This group's pay is mainly influenced by geography, followed by career length and the individual firm. Job satisfaction is high and work is enjoyable for most Senior Vice Presidents of Operations. Male Senior Vice Presidents of Operations are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Medical benefits are awarded to almost all, and a fair number earn dental coverage.

$85,822 - $225,491
(Median)
$86K
$150K
$230K
MEDIAN: $148,536
10%
50%
90%

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$19.13 - $102.87
(Median)
$19
$30
$100
MEDIAN: $30
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Salary
$85,822 - $225,491  
   
Bonus
$2,250 - $76,071  
Profit Sharing
$2,020 - $44,042  
Commission
$0.00 - $100,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,931 - $280,146  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,501
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$19.13 - $102.87  
   
Overtime
$14.00 - $46.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$2,250 - $76,071  
   
Commission
$0.00 - $100,000  
Profit Sharing
$2,020 - $44,042  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,931 - $280,146  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 13

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Job Description for Senior Vice President (SVP), Operations

Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.

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Senior Vice President (SVP), Operations Tasks

  • Partner with other senior management to discuss strategies, objectives, and obstacles.
  • Monitor and strategize to reach annual targets and new markets.
  • Oversee and manage regional and cross-functional divisions of an organization.
  • Oversee accounting and financial analysis, and monitor for profitability and losses.

Common Career Paths for Senior Vice President (SVP), Operations


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Senior Vice Presidents of Operations tend not to experience significant pay changes as they move up the career ladder to roles like Chief Executive Officer. The two jobs pay about the same on average. Many Senior Vice Presidents of Operations advance into roles as Chief Operating Officers or Presidents, but the median salaries are $35K lower and $20K lower, respectively.

Senior Vice President (SVP), Operations Job Listings

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Popular Employer Salaries for Senior Vice President (SVP), Operations


Bank of America Corp. (BOFA) pays the most with a median salary of $175K, though with a large amount of variation, going from a low of $97K to a high of $224K.

While select Citibank employees may bring in up to $221K, a median salary of only $147K — the lowest in the field — suggests a serious lag in the earnings department.

Popular Skills for Senior Vice President (SVP), Operations


Survey results suggest that Senior Vice Presidents of Operations use a fairly large toolkit of professional skills. Most notably, skills in People Management, Strategic Planning, Team Leadership, and Leadership are correlated to pay that is above average. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. Sales Management and Risk Management / Risk Control also typically command lower compensation. It is often found that people who know Operations Management are also skilled in Leadership and Project Management.

Pay by Experience Level for Senior Vice President (SVP), Operations

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Senior Vice Presidents of Operations, more experience generally translates to higher pay. Workers in their first five years can expect to earn $108K, but people who have been around for five to 10 years earn a noticeably bigger sum of $142K. The average pay reported by folks with 10 to 20 years of experience is around $172K. Senior Vice Presidents of Operations who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $188K on average.

Pay Difference by Location


For Senior Vice Presidents of Operations, working in the bustling city of Boston has its advantages, including an above-average pay rate. Senior Vice Presidents of Operations will also find cushy salaries in Philadelphia (+30 percent), Minneapolis (+27 percent), San Diego (+26 percent), and Dallas (+23 percent). Columbus is home to the smallest salaries in the field, lagging the national average by 16 percent.

Related Job Salaries

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Experience Affects Senior Vice President (SVP), Operations Salaries



National Average
$172,000



Skills That Affect Senior Vice President (SVP), Operations Salaries

People Management
up arrow 10%

Strategic Planning
up arrow 2%

Leadership
up arrow 1%

Team Leadership
up arrow 1%

Operations Management
0%

National Average
$172,000


Risk Management / Risk Control
up arrow 13%

Sales Management
up arrow 16%

Financial Analysis
up arrow 36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 308 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

1-4 years
2%
5-9 years
8%
10-19 years
36%
20 years or more
54%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 78%
vision benefits Vision: 64% employee benefits None: 7%